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Tech which makes Sense

During economic downturns, the avid real estate investor rubs their hands together with glee! This is because there are properties at prices that are much cheaper than under normal circumstances. If you are planning a real estate investment, then the question must be why Cyprus? What makes this island the first choice of the informed real estate investor. How can real estate trends be predicted in the future? Finally, why should a person who wants to emigrate or buy a vacation property choose this as their destination? There are some really good answers to these questions! Property prices here have increased more than anywhere else in the world over the last ten years by almost 280%, which is a staggering figure! The demand for rental houses here has been exceptional during the same period.

Cyprus has undoubtedly now become one of the most popular holiday destinations in Europe due to its spectacular world-class beaches, spectacular scenery and last but not least its nightlife. The nightly entertainment is second only to Ibiza. This mass exodus of tourism has resulted in an exceptional demand for property on the island. Coupled with the fact that Cyprus has been voted the best place in the world to retire by expats living abroad in a Sunday Times poll! Coupled with some of the best pension and property tax systems in the world, it has made it such a popular destination! The crime rate here is among the lowest in the world and the medical care is exceptional! Overall, coupled with the cost of living, it’s easy to see why the island has become so popular with homebuyers and investors alike.

The popularity of Cyprus has been creating a demand for around 20,000 properties a month to be built to meet the needs of property buyers here and with all the projects happening within the island, the demand for properties here is sure to increase substantially in to the next decade! Added to this, the scarcity of prime land to build on, for example: building three golf courses means that any such property purchased in these prime locations will result in either a huge return on your investment or a massive increase in price value. shopping. The main reason to buy or invest here over many other destinations is the steady but impressive increase in the value of property purchased here, along with all the projects already being built, which means that the value and demand for properties will be incredible in the next few years. It is also a fact that mass tourism has the greatest impact on home purchases in any region and therefore, with its popularity already assured as the world’s leading tourist destination and place of retirement, the addition of some of the projects listed below will surely create the ideal circumstances for investment and property purchase for many years to come!

There are many reasons why this trend looks set to continue well into the next decade. First, a Disney World is being built in the new heart of the region, the planning application has already been approved. That someone of this stature invests a lot is testimony to the potential of the island. Second, a massive world-class tennis academy is already being built, to provide training facilities and, presumably, even tournaments eventually. this project is costing many hundreds of millions. Until now, the airports have only catered mainly to tourists from Europe, but with the largest airport expanding to accommodate many more international flights, this will have an effect on property demand. These are the signs that any real estate investor dreams of, and most will understand the implications of these massive projects for increasing demand for properties in a region and, more importantly, demand for properties in the most desirable locations in the world! the island! These will see the biggest return without a doubt. The golf property will encompass a world-class hotel that will attract a greater influx of wealthy individuals and will ensure that the purchase of one or more of these properties will be a brilliant investment, the prices are truly special! The other major investment opportunity is a massive 5-star fitness and lifestyle complex that encompasses a luxury development and unrivaled facilities for the price of a cheap apartment anywhere. This will prove to be one of the best real estate deals on the planet once the project has been widely publicized! This development has been done in conjunction with a world-famous sports personality and one of the best developers in Cyprus! No foresight is needed to see the potential of a purchase in this type of property! And lastly, some luxury villas are being built on the coast of Ayia thekla (right next to Ayia Napa). These villas enjoy being right on the beach and are also built by one of the three best and most trusted developers on the island. This is the most desirable residential strip in Cyprus, coupled with the value for money and quality of these properties, demand will make them another very astute investment!

There are some truly spectacular beachfront villas being built right now in Cyprus right on the sheltering line of the sea and these prices reflect the current slight slowdown in the real estate market here. Added to this is the most exclusive development of luxury villas in the history of the islands, in a unique modern style but on the most coveted land in all of Cyprus. A hotel is being built here alongside the ultra-high-spec luxury homes, which is set to cater to the world’s elite wage earners and attract a wealthy clientele from around the world. Some of the real estate investment portals on the web that are aware of this project consider it one of the top three investment tips in the entire world today!

Another little known fact is that Cyprus has been developing some of the best golf courses in Europe for some time. The most famous are the secret valley courses. Plans are underway for one of the best golf destinations in the world. This entire development is being built on the most prized land in all of Cyprus suitable for a golf course. They have spectacular features and views. The properties have magnificent views over the Mediterranean Sea, as well as truly unique and spectacular golf courses. As an avid golfer, I can say with certainty that these golf courses rival anything in the world. Having seen the details, it appears to be a gem that is sure to attract high demand for these properties. Each is in a truly majestic setting. The courses have been designed by a world-renowned golfer and the latest is awaiting final planning approval! The properties here are truly top quality and offer extraordinary value for money! There are some truly exceptional opportunities right now to buy a prime investment property or get your hands on a beautiful luxury property in a prime location in Cyprus at prices you wouldn’t believe!

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